v3.26.1
Investment Securities (Tables)
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Debt Securities, Available-for-Sale
Debt securities AFS as of the balance sheet dates consisted of the following:
June 30, 2026Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
(Dollars in thousands)
U.S. Government-sponsored enterprises$26,957 $— $(2,094)$24,863 
Agency mortgage-backed246,768 133 (25,441)221,460 
State and political subdivisions55,281 (6,400)48,885 
Corporate11,500 — (940)10,560 
Total$340,506 $137 $(34,875)$305,768 
December 31, 2025Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
(Dollars in thousands)
U.S. Government-sponsored enterprises$28,143 $— $(2,049)$26,094 
Agency mortgage-backed264,317 274 (24,027)240,564 
State and political subdivisions55,434 10 (7,224)48,220 
Corporate11,500 — (123)11,377 
Total$359,394 $284 $(33,423)$326,255 
Schedule of Investments Classified by Contractual Maturity Date
The amortized cost and estimated fair value of debt securities by contractual scheduled maturity as of June 30, 2026 were as follows:
Amortized
Cost
Fair
Value
Available-for-sale(Dollars in thousands)
Due in one year or less$2,006 $2,003 
Due from one to five years17,168 15,986 
Due from five to ten years7,810 7,163 
Due after ten years66,754 59,156 
93,738 84,308 
Agency mortgage-backed246,768 221,460 
Total debt securities available-for-sale$340,506 $305,768 
Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value
Information pertaining to all AFS debt securities with gross unrealized losses for which an ACL has not been recorded as of the balance sheet dates, aggregated by investment category and length of time that individual securities have been in a continuous loss position were as follows:
June 30, 2026Less Than 12 Months12 Months and OverTotal
Number of SecuritiesFair
Value
Gross
Unrealized
Loss
Number of SecuritiesFair
Value
Gross
Unrealized
Loss
Number of SecuritiesFair
Value
Gross
Unrealized
Loss
(Dollars in thousands)
U.S. Government-
  sponsored enterprises
— $— $— 22 $24,863 $(2,094)22 $24,863 $(2,094)
Agency mortgage-backed22 82,427 (1,592)87 117,415 (23,849)109 199,842 (25,441)
State and political
  subdivisions
1,569 (2)52 46,812 (6,398)53 48,381 (6,400)
Corporate9,067 (933)1,493 (7)10,560 (940)
Total26 $93,063 $(2,527)164 $190,583 $(32,348)190 $283,646 $(34,875)
December 31, 2025Less Than 12 Months12 Months and OverTotal
Number of SecuritiesFair
Value
Gross
Unrealized
Loss
Number of SecuritiesFair
Value
Gross
Unrealized
Loss
Number of SecuritiesFair
Value
Gross
Unrealized
Loss
(Dollars in thousands)
U.S. Government-
  sponsored enterprises
— $— $— 23 $26,052 $(2,049)23 $26,052 $(2,049)
Agency mortgage-backed18 80,477 (487)92 139,315 (23,540)110 219,792 (24,027)
State and political
  subdivisions
1,554 (18)52 46,157 (7,206)53 47,711 (7,224)
Corporate2,884 (116)993 (7)3,877 (123)
Total21 $84,915 $(621)169 $212,517 $(32,802)190 $297,432 $(33,423)